Cardano Achieves Breakthrough in Real-World Asset Tokenization with Genius Yield’s Key Approval

In a significant development for blockchain-based asset tokenization, the Cardano network has reached a critical milestone with Genius Yield’s recent approval. This advancement underscores Cardano’s growing role in the real-world assets (RWAs) sector, enabling more efficient and secure digital representation of physical assets on the blockchain. The integration of Genius Yield’s technology with Cardano’s infrastructure marks a pivotal step toward broader institutional adoption of tokenized assets, potentially unlocking new liquidity pools and investment opportunities in traditionally illiquid markets. Industry analysts suggest this could accelerate Cardano’s positioning as a leading platform for compliant asset tokenization solutions.

RWA market projected to reach $2 trillion by 2030

Genius Yield is among several Cardano projects that work on RWAs. For one, Empowa is building a property funding platform focusing on the African market. At the same time, Tiamonds enables the tokenization and trading of real-world diamonds, enabling users to own a fraction of these assets.

Real-world are emerging as one of the most promising use cases for crypto. They involve recording real-world assets on-chain and converting them into tradable tokens. These tokens can represent fractional ownership, a key advantage in traditionally illiquid markets like real estate and fine art.

By March this year, the total value locked of all tokenized assets reached $50 billion, according to a report from Brickken. Notably, $30 billion of this figure came from tokenized real estate. The same report cited a projection from consulting firm McKinsey, forecasting that the RWA market could grow to $2 trillion by 2030.